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506 & 506A Bearwood Road, Smethwick, B66 4BX

Unsold, the last bid was for £180,000. Please refer to Auctioneer for Reserve.
 

Guide Price £185,000-£190,000 plus fees


Thursday 1st May 2014

11.00am
Key Features
A Prominent, Freehold Main Road Retail Unit with Well Presented Self-Contained Living Accommodation
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Unsold, the last bid was for £180,000. Please refer to Auctioneer for Reserve.

property

Location

The property lies to the western side of the A4040 Bearwood Road near it's junction with Three Shires Oak Road and Sandon Road.
The area is a good mix of retailers, commercial users including the Bear Tavern and well established residential properties, it is both popular and busy throughout the day. The property is considered to occupy an excellent catchment area for future trade.

Property Description

The property comprises a mid-terraced three storey building, comprising well presented ground floor retail unit, which until recently served as a convenience store, but is considered suitable for a variety of retail uses subject to any appropriate planning permission. The shop benefits from security shutters to the front and rear, CCTV and an alarm system.
On the first and second floors there is self contained living accommodation comprising a modern kitchen, shower room and two rooms on the first floor and two further rooms on the second floor. Outside there is fenced courtyard garden.
We understand that the living accommodation was extensively refurbished approximately five years ago, it is considered suitable for multiple occupation.

Tag Line

A Prominent, Freehold Main Road Retail Unit with Well Presented Self-Contained Living Accommodation

Tenure

We understand that the property is Freehold and vacant possession will be given upon completion.

Value Added Tax

We understand that VAT will not be chargeable upon this transaction.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.

Tenure: